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Friday, July 22, 2011

BUMBLING NE'ERDOWELL

"But it’s worse than that. With the insistence on a grand bargain to “get deficits off the table” for 10-20 years, the President has created expectations in the markets that they have now leveraged."

Among Senate Democrats, there is still bitterness about the deal Vice President Biden negotiated in secret in December with Senate Minority Leader Mitch McConnell (R-Ky.) that extended all of the George W. Bush-era tax cuts, including those for the wealthy....